International supplier of on-demand software and e-commerce services to the insurance and financial industries Ebix (News - Alert) recently partnered with Silanis, a provider of enterprise electronic signature solutions. As such, Silanis is now the preferred e-signature solution used with Ebix's on-demand offerings.
This partnership was formed partly in response to the demand from insurance carriers and agents to improve the customer experience across all sales channels via 100 percent straight-through processing.
The agreement will see EbixExchange first integrate Silanis' solution in the new business application process within the EbixExchange CRM, while expanding the offering to the AnnuityNet, WinFlex, LifeSpeed and AMP platforms. As such, EbixExchange CRM subscribers will be able to complete annuity and insurance business immediately with e-signature integration to speed the process along significantly. The ability to sign electronically will make it possible to close business in one Web session or in-person visit.
Initially, EbixExchange will roll out Silanis e-signature capabilities to its client base — brokers, dealers, banks, clearing firms, captive agents and BGA communities — with plans to roll the offering to other divisions such as P&C, international, health and BPO.
"The Ebix-Silanis partnership provides the answer with integrated, robust e-signatures as part of vertical applications they are already using, whether for new business or customer servicing applications," said Dan Delity SVP and global sales head of Ebix. "The flexibility and performance of the Silanis e-signature platform allows Ebix to scale across all our offerings with a legal, secure solution, while the transaction management capabilities provide immediate visibility into the online e-signature transactions for both the carrier and the agent."
Ebix is planning to announce its third quarter financial results for fiscal year 2012 on November 8, 2012, at 11 a.m. EST.
In August, the company purchased two buildings in India in order to support continued growth and the increased need for offshore development. Combined with the three buildings already owned in the country, Ebix will be able to create a large office campus over an area of over 4,000 square feet.
Edited by Rachel Ramsey